Top 3 best semiconductor stocks to buy now- AMAT, SUPX, TSRA 

Tessera Technologies, Inc. (TSRA), develops, invests in, licenses and delivers miniaturization technologies and products for next-generation electronic devices through semiconductor packaging technologies, total revenues are expected for the third quarter to be approximately $60 million. Company Return on equity (ROE) has been steadily declining since 2006, reaching 8.63% in 2010.

Applied Materials Inc. (AMAT), provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic (PV) and related industries, Goldman Sachs, Global financial services firm and a market leader in securities, asset management and credit services, downgraded it to a sell rating with a $10.50 target. Reducing capital intensity where capital expenditure ratio has decreased to 18.03%.

Supertex, Inc. (SUPX), a producer of high voltage analog and mixed signal semiconductor components, Net profit margins at 14.77% in the last fiscal year. Also, strong pricing power with gross margins at 54.33%. Very strong balance sheet (TL-to-TA 0.13) and a strong retained earnings growth at 6.29%.

Top ETF’s To Watch

iShares Silver Trust (SLV)
Direxion Small Cap Bear 3X Shares (ETF)(TZA)
iPath S&P 500 VIX Short-Term Futures ETN (VXX)
SPDR Gold Trust (ETF) (GLD)
Direxion Daily Small Cap Bull 3X Shares (TNA)
ProShares UltraShort QQQ (ETF)(QID)
PowerShares QQQ Trust, Series 1 (QQQQ)
ProShares Ultra QQQ (ETF)(QLD)
SPDR S&P MidCap 400 ETF (MDY)
SPDR S&P 500 ETF (SPY)
ProShares Ultra S&P500 (ETF)(SSO)
ProShares UltraShort Real Estate (ETF) (SRS)

About the author: Caroline Mittermair

Contributing Editor, has been fascinated with the financial markets ever since she bought her first stock at 11 years old. She is a trader of stocks, options, currencies, and futures.